Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Korea Electric Power Corporation (015760.KS)

Company Dividend Discount ModelIndustry: Regulated ElectricSector: Utilities

Valuation Snapshot

Stable Growth$323,608.76 - $983,237.29$514,983.29
Multi-Stage$350,143.98 - $384,548.90$367,020.91
Blended Fair Value$441,002.10
Current Price$39,300.00
Upside1,022.14%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS5.02%-3.80%197.6870.6065.971,265.12126.64154.77933.682,087.953,253.19638.48
YoY Growth--180.00%7.03%-94.79%898.99%-18.18%-83.42%-55.28%-35.82%409.52%119.21%
Dividend Yield--0.91%0.32%0.37%5.59%0.55%0.80%3.08%6.36%7.00%1.06%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)8,237,058.00
(-) Cash Dividends Paid (M)256,967.00
(=) Cash Retained (M)7,980,091.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)1,647,411.601,029,632.25617,779.35
Cash Retained (M)7,980,091.007,980,091.007,980,091.00
(-) Cash Required (M)-1,647,411.60-1,029,632.25-617,779.35
(=) Excess Retained (M)6,332,679.406,950,458.757,362,311.65
(/) Shares Outstanding (M)641.96641.96641.96
(=) Excess Retained per Share9,864.5410,826.8711,468.42
LTM Dividend per Share400.28400.28400.28
(+) Excess Retained per Share9,864.5410,826.8711,468.42
(=) Adjusted Dividend10,264.8211,227.1511,868.70
WACC / Discount Rate6.28%6.28%6.28%
Growth Rate3.02%4.02%5.02%
Fair Value$323,608.76$514,983.29$983,237.29
Upside / Downside723.43%1,210.39%2,401.88%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)8,237,058.008,567,859.968,911,946.999,269,852.639,642,131.8410,029,361.8510,330,242.71
Payout Ratio3.12%20.50%37.87%55.25%72.62%90.00%92.50%
Projected Dividends (M)256,967.001,756,044.273,375,113.605,121,395.037,002,494.999,026,425.679,555,474.50

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.28%6.28%6.28%
Growth Rate3.02%4.02%5.02%
Year 1 PV (M)1,636,339.591,652,223.911,668,108.23
Year 2 PV (M)2,930,652.662,987,825.853,045,551.34
Year 3 PV (M)4,143,832.644,265,683.244,389,899.43
Year 4 PV (M)5,279,644.925,487,652.165,701,746.00
Year 5 PV (M)6,341,700.036,655,535.766,981,675.11
PV of Terminal Value (M)204,447,657.79214,565,288.72225,079,571.11
Equity Value (M)224,779,827.64235,614,209.65246,866,551.23
Shares Outstanding (M)641.96641.96641.96
Fair Value$350,143.98$367,020.91$384,548.90
Upside / Downside790.95%833.90%878.50%

High-Yield Dividend Screener

« Prev Page 3 of 30 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
BLWBlackRock Limited Duration Income Trust11.50%$1.5893.39%
ELCEntergy Louisiana, LLC COLLATERAL TR MT11.33%$2.3457.35%
VIASPVia Renewables, Inc.11.33%$2.8849.21%
BUIBlackRock Utilities, Infrastructure & Power Opportunities Trust11.31%$2.9358.72%
JPCNuveen Preferred & Income Opportunities Fund11.24%$0.9167.43%
RILYB. Riley Financial, Inc.11.21%$0.5856.91%
PFOFlaherty & Crumrine Preferred Income Opportunity Fund Inc.11.06%$1.0543.18%
OXLCIOxford Lane Capital Corp.11.05%$2.8369.26%
USB-PSU.S. Bancorp Depositary Shares,10.98%$2.0243.68%
FLCFlaherty & Crumrine Total Return Fund Inc.10.93%$1.9242.77%
UTGReaves Utility Income Fund10.78%$4.0043.20%
CEMClearBridge MLP and Midstream Fund Inc10.77%$5.6046.76%
AIVApartment Investment and Management Company10.76%$0.6336.20%
DCFBNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc.10.71%$0.9942.71%
CALMCal-Maine Foods, Inc.10.70%$8.4032.04%
EMOClearBridge Energy Midstream Opportunity Fund Inc10.65%$4.7926.74%
CTRClearBridge MLP and Midstream Total Return Fund Inc.10.63%$5.0047.43%
EIMEaton Vance Municipal Bond Fund10.57%$1.0364.33%
VZAVerizon Communications, 5.9% 15 Feb 205410.57%$2.7049.90%
BPOPMPopular Capital Trust II PFD GTD 6.125%10.45%$2.6726.93%
RITMRithm Capital Corp.10.45%$1.1571.36%
IHTAInvesco High Income 2024 Target Term Fund10.33%$0.7826.82%
WUThe Western Union Company10.30%$0.9540.76%
ERHAllspring Utilities and High Income Fund10.26%$1.2231.06%
GDVThe Gabelli Dividend & Income Trust10.25%$2.8539.93%
CIIBlackRock Enhanced Capital and Income Fund, Inc.10.23%$2.3844.19%
GBDCGolub Capital BDC, Inc.10.19%$1.3897.76%
PVCMXPalm Valley Capital Fund Investor Class10.19%$1.2483.81%
AEDVXEmerging Markets Debt Fund - Investor Class9.95%$0.9476.80%
HYTBlackRock Corporate High Yield Fund, Inc.9.83%$0.8799.09%
FFCFlaherty & Crumrine Preferred Securities Income Fund Inc.9.79%$1.6337.81%
WENThe Wendy's Company9.78%$0.8082.75%
CMSACMS Energy Corporation 5.6% JRSUB NT 789.77%$2.1762.27%
HIEMiller/Howard High Income Equity Fund9.63%$1.2198.11%
NMSNuveen Minnesota Quality Municipal Income Fund9.54%$1.1237.02%
CMSCCMS Energy Corporation 5.875% J9.48%$2.1762.27%
NEE-PNNextEra Energy, Inc. Series N J9.24%$2.2170.10%
CMSDCMS Energy Corporation 5.875% Junior Subordinated Notes due 20799.20%$2.1762.27%
VFLabrdn National Municipal Income Fund9.06%$0.9334.18%
UANCVR Partners, LP8.96%$9.0975.52%
GGZThe Gabelli Global Small and Mid Cap Value Trust8.95%$1.3448.03%
SUNSSunrise Realty Trust, Inc.8.95%$0.8388.91%
PTYPIMCO Corporate & Income Opportunity Fund8.93%$1.1588.40%
ATHSAthene Holding Ltd. 7.250% Fixe8.86%$2.2214.14%
APAMArtisan Partners Asset Management Inc.8.83%$3.6697.93%
VLTInvesco High Income Trust II8.83%$0.9846.97%
VTNInvesco Trust for Investment Grade New York Municipals8.75%$1.0165.99%
JEQAbrdn Japan Equity Fund Inc8.73%$0.6943.45%
MOAltria Group, Inc.8.69%$4.9894.54%
JGGCJaguar Global Growth Corporation I8.63%$0.1563.08%